For more information about The Morgan Report, click the link at the end of the article. Week of 4/20/15 - 4/24/15

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Friday, April 24, 2015

Quote of the Week/Commentary:

Abandon ‘hope’ stocks

Judge companies on their merits, not on your faith in the underlying commodities.

“My suspicion is this year is a good year to be acquiring projects, acquiring companies very selectively. What’s really important is to know what you’re buying, what the company’s target is, how much it’s going to cost them to advance that project and when they’re going to have to raise money again. Then follow it in detail and cut bait as soon as things go wrong.

“One of the hardest lessons I’ve learned is that once your investment thesis goes from, ‘This is what we need to see,’ to, ‘Well, that didn’t work. But I hope the next drill hole works,’ or ‘I hope something happens’ -- when hope is your investment thesis -- you have lost your money.

“Most of these projects aren’t going to work. So you got to find the fatal flaw as soon as possible. If you can’t find that fatal flaw, stay the trade.” Brent Cook, interviewed by Sprott Global.

The Morgan Report (TMR) If you are a Member – or intend to become one – is a great opportunity to gain access to our content-rich website here. When you sign up here you will be able to enter the Members Only section, which means that you gain access to exclusive TMR content, such as Special Reports, on-site mining company video interviews, and our mining company videos.

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The April 2015 Issue of The Morgan Report, has been posted.

This month’s issue looks at the current price of silver, comparing it in inflation-adjusted (money supply growth) terms to where it was at the beginning of its secular bull run over a dozen years ago. We think you’ll be pleasantly surprised at the “deal” Mr. Market is currently offering us in the physical metals and mining space.

It’s also important to get a handle on what inflation really represents – a government-induced tax on real and imagined earnings. We demonstrate that even a “small” amount of inflation undermines the ability of the middle class to save and create re-investible wealth to grow business. It’s a major redistribution of wealth, pure and simple.

We report on some of our interviews with silver companies during the recent PDAC conference in Toronto, as well as on we’ve been following during the last couple of annual Silver Summit’s in Spokane.

Our research also uncovered a concept that moves the “inflation v deflation” debate to a new level. A well-known economist – which The Morgan Report in the past interviewed for one of our Master Mind issues – demonstrates convincingly that under certain conditions, both inflation and deflation can take place simultaneously, initiating a chain reaction with the potential of taking down the global economic system as a result.

This month we also have a special interview your Editor conducted with the editor of a Russian bullion investment service. You’ll be glad you’re stacking precious metals in North America (or even Europe, with its VAT taxes) instead of Russia, after what “Dmitriy” has to say!

After a series of Company Updates, TMR concludes with Letters to the Editor. Please remember that – one way or the other – we strive to answer ALL the letters you send to us

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As reminder, at The Morgan Report we follow a lot more than just silver. We look at the resource sector as a whole. Watch our quick video promo for the report... http://youtu.be/-n4YU31MjRY

And finally, we are very pleased, elated, and relieved (mostly relieved) to say that The Silver Manifesto book is finally done. To learn more and grab your copy today, visit The Silver Manifesto website: www.thesilvermanifesto.com

Sincerely,

David H. Smith

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Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.

Silver Investor is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. Silver Investor and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that Silver Investor will not be held liable or responsible for any decisions you make regarding any information discussed herein.